Lucapa Diamond Company in voluntary administration – businessnews.com.au
Lucapa Diamond Company in voluntary administration businessnews.com.au Read the original article here
Best Practices for Insolvency Risk Management
Last year, the U.S. Supreme Court struck down the use of nonconsensual third-party releases in Chapter 11 reorganization plans as not authorized under the Bankruptcy Code.1 While the Harrington v. Purdue Pharma decision involved mass tort liability, the broader curtailment of third-party releases in all contexts should cause directors and officers to reevaluate their personal liability exposure…
Singapore recognises Indian Corporate Insolvency Resolution Procedure under IBC 2016
In this era of globalisation, international trade has significantly increased, where companies have business in multiple jurisdictions. One of the aspects of globalisation is companies falling into insolvency, which leads to overlapping and conflicts of law between countries, creating chaos for the stakeholders. The purpose of the Model Law is to eradicate the impediments and…
Glastonbury festival-goers who paid £16k ticketless after local firm goes bust
Glastonbury glampers have been left ticketless and thousands of pounds out of pocket after a Wiltshire-based yurt company went bust. Yurtel, a glamping firm based in Corsham, ceased trading on May 8, less than seven weeks before the festival gets underway. The company had offered hospitality tickets and accommodation packages that ranged from £10,000 for…
Glastonbury glampers are left ticketless and thousands out of pocket as luxury yurt firm that offered £16,000-a-time festival packages goes bust
Glastonbury glampers have been left ticketless and thousands of pounds out of pocket after a luxury yurt company that offered packages worth up to £16,000 went bust. Yurtel, a glamping firm based in Corsham, Wiltshire, ceased trading on May 8, just weeks before the festival is due to start. The company offered hospitality tickets and…
‘Devastated’: Featherston burger favourite goes into liquidation – thepost.co.nz
‘Devastated’: Featherston burger favourite goes into liquidation thepost.co.nz Read the original article here
‘He would ghost us’: Modular homes builder in liquidation owing $1m – The Press
‘He would ghost us’: Modular homes builder in liquidation owing $1m The Press Read the original article here
‘Fruitless’: Liquidation of Fairlie building firm wrapped up – The Press
‘Fruitless’: Liquidation of Fairlie building firm wrapped up The Press Read the original article here
Franklin Templeton Announces Liquidation of Western Asset Short Duration Income ETF and Western Asset Total Return ETF – Business Wire
Franklin Templeton Announces Liquidation of Western Asset Short Duration Income ETF and Western Asset Total Return ETF Business Wire Read the original article here
Conduct of company director investigated, creditor claims increase – The Press
Conduct of company director investigated, creditor claims increase The Press Read the original article here